The global Radio frequency Identification market is estimated to be around US$ 25.9 Bn in the present year 2023. The overall market is expected to grow up to US$ 122.6 Bn by 2033, by registering a CAGR of 16.8%. Among the big factors for this higher growth rate of the RFID market is the growing need for this technology …
Author Archives: Editor AM
Global Medical Protective Equipment Industry Poised for a Remarkable 9.5% CAGR, Anticipating a Surge to US$ 52.8 Billion by 2033 | FMI Report
The Global Medical Protective Equipment Industry is predicted to register a CAGR of 9.5% over the forecast period, according to FMI’s analysis. The industry’s value is anticipated to increase from US$ 21.3 billion in 2023 to US$ 52.8 billion by 2033 end. The Global Medical Protective Equipment Industry is being driven by the surging demand …
Crowdsourced Security Market is Predicted to Reach a Valuation of US$ 245.4 Million by 2033 | Says FMI
The global crowdsourced security Industry size is anticipated to exceed a valuation of US$ 114.4 million in 2023. It is projected to hit a valuation of US$ 245.4 million by 2033. The market is predicted to thrive at a CAGR of 7.9% from 2023 to 2033. Compared to engaging specialized in-house security teams or carrying out conventional penetration …
Latest Valuation of the Enterprise A2P SMS Market is Estimated to Cross US$ 77.29 Bn in 2023 and is Likely to Flourish Revenue of US$ 129.54 Bn by the year 2033-end | Data by Future Market Insights, Inc.
As per the reports published by FMI, the global enterprise A2P SMS market is projected to have an average-paced CAGR of 5.3% during the forecast period. The current valuation of the market is US$ 77.29 Billion in 2023. The market value of the enterprise A2P SMS market is anticipated to surpass a market valuation of US$ 129.54 …
Global Smart Bed Market to reach US$ 6.73 Billion by 2033; Hospitals to comprise 32% of Total Usage: Future Market Insights, Inc. Reports
The global smart bed market size is expected to be valued at US$ 3.42 Billion in 2023. With the rise in the purchase of luxury and comfortable products, due to increasing disposable income, coupled with the rising awareness about the benefits of smart beds, the overall demand for smart beds is projected to grow at a CAGR …
HDPE Crates Propel Logistics with a 5.6% CAGR, Envisioned to Attain US$ 1,876.4 Million by 2032, Catering to the Safe Transportation of Diverse Products
The global HDPE crates market is on a significant growth trajectory, with a projected value of US$ 1,088.1 million in 2022, and is expected to expand at a notable Compound Annual Growth Rate (CAGR) of 5.6%, reaching a valuation of US$ 1,876.4 million by 2032. This growth is underpinned by the increasing adoption of HDPE (High-Density Polyethylene) …
Collapsible Water Bottle Market to Reach US$ 3,567.1 Million by 2032, Propelled by a 6.5% CAGR and Innovative Beverage Packaging Trends
The global collapsible water bottle market is on an upward trajectory, with an expected value of US$1,897.3 million by the end of 2022. Looking ahead to the forecast period from 2022 to 2032, the market is projected to exhibit a robust Compound Annual Growth Rate (CAGR) of 6.5%, reaching an estimated value of US$3,567.1 million. In the …
Radio Frequency Components Market Soars, Forecasted to Reach $99 Billion by 2033
The global radio frequency components (RFC) market is on a trajectory of impressive growth, as revealed by recent market research. According to the latest data, the RFC market is anticipated to achieve an estimated value of US$ 26.5 billion in the year 2023, marking a significant leap forward in its expansion. The report also forecasts a compelling …
Continue reading “Radio Frequency Components Market Soars, Forecasted to Reach $99 Billion by 2033”
Heat Sealing Tape’s Crucial Role in Product Sterility Propels Market Growth at a 4.8% CAGR, Dominated by FMCG, Food, and Pharma Sectors
In 2022, the market for heat sealing tape Size is anticipated to reach a value of US$ 20,196.0 Million, and between 2022 and 2032, it is anticipated to grow at a CAGR of 4.8%, reaching a value of US$ 32,275.9 Million. The efficacy of heat-sealing tape and rising demand from the food and pharmaceutical industries both contribute …
E-Commerce Rx: Pharmaceutical Contract Packaging Thrives with a 7.5% CAGR, Riding the Wave of Expanding Online Business and Stricter Government Norms
The global pharmaceutical contract packaging market is poised to reach US$ 6.1 billion in 2023, with a projected 7.5% CAGR driving the industry toward a robust valuation of US$ 11.9 billion by 2033. Key trends include a surging demand for eco-friendly and reusable pharmaceutical packaging, spurred by environmental concerns. The rise of e-commerce amplifies market …